Now you can teach financial accounting from both a user's and preparer's
perspective with a wealth of actual examples, cases, and real financial statements found
in Gibson's FINANCIAL STATEMENT ANALYSIS, 12, International Edition.
This effective text emphasizes the analysis and interpretation of the end
result of financial reporting--financial statements. The author focuses on the language
and preparation of financial statements throughout.
Students analyze real financial reports, 10Ks, proxy statements, other
exhibits, and cases drawn from actual companies. Nike, used as a continuing focus company
throughout the text, provides the opportunity for students to become familiar with a
single organization and better understand the meaning of its statements within a
competitive context.
The new edition includes updated and expanded discussions about GAAP
Codification, IFRS, Fair Value, and the impact of the recent financial crisis.
In addition to a wide variety of problems, questions, cases, and Web references
for practice and application, students have access to the robust Thomson ONE: Business
School Edition--the same online financial analysis tool used by Wall Street professionals
every day. With the book's well-organized framework for learning and emphasis on numerous
industries, your students leave the course prepared for success, no matter what area of
business they pursue.
Table of Contents
1. Introduction to Financial Reporting.
2. Introduction to Financial Statements and Other Financial Reporting Topics.
3. Balance Sheet.
4. Income Statement.
5. Basics of Analysis.
6. Liquidity of Short-Term Assets; Related Debt-Paying Ability.
7. Long-Term Debt-Paying Ability.
8. Profitability.
9. For the Investor.
10. Statement of Cash Flows; Summary Analysis of Nike, Inc.
11. Expanded Analysis.
12. Special Industries: Banks, Utilities, Oil and Gas, Transportation, Insurance, Real
Estate Companies.
13. Personal Financial Statements and Accounting for Governments and Not-for-Profit
Organizations.
Glossary.
Bibliography.
Index.
640 pages, Paperback